Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The Company’s business segment information is presented below. Prior year information has been recast to conform to the current year presentation.

	Three Months Ended March 31, 2017
(Thousands)	Leasing		Fiber Infrastructure		Towers			Consumer CLEC		Corporate			Subtotal of Reportable Segments
Revenues	$	170,306	$	34,812	$	1,428		$	4,927	$	-		$	211,473
Adjusted EBITDA	$	170,060	$	11,567	$	(735	)	$	1,166	$	(5,056	)	$	177,002
Less:
Interest expense														73,365
Depreciation and amortization		86,506		13,221		886			652		96			101,361
Other expense														11,339
Transaction related costs														9,684
Stock-based compensation														1,632
Income tax expense														(379	)
Net loss													$	(20,000	)
Capital expenditures(1)	$	-	$	14,502	$	72,203		$	-	$		39	$	86,744

⁽¹⁾Segment capital expenditures represents capital expenditures, NMS asset acquisition and ground lease investments as reported in the investing activities section of the Condensed Consolidated Statements of Cash Flows.

	Three Months Ended March 31, 2016
(Thousands)	Leasing		Fiber Infrastructure		Towers			Consumer CLEC		Corporate			Subtotal of Reportable Segments
Revenues	$	168,613	$	-	$	28			6,034	$	-		$	174,675
Adjusted EBITDA	$	168,208	$	-	$	(302	)	$	1,332	$	(3,529	)	$	165,709
Less:
Interest expense														66,049
Depreciation and amortization		85,403				30			814		93			86,340
Other expense														-
Transaction related costs														3,910
Stock-based compensation														930
Income tax expense														444
Net income													$	8,036
Capital expenditures(1)	$	-	$	-	$	1,347		$	-	$	77		$	1,424

⁽¹⁾Segment capital expenditures represents capital expenditures and ground lease investments as reported in the investing activities section of the Condensed Consolidated Statements of Cash Flows.

Summary of Total Assets by Business Segment

Total assets by business segment as of March 31, 2017 and December 31, 2016 are as follows:

(Thousands)	March 31, 2017		December 31, 2016
Leasing	$	2,175,234	$	2,238,517
Fiber Infrastructure		925,379		914,082
Towers		129,853		18,004
Consumer CLEC		14,634		14,239
Corporate		35,577		133,910
Total of reportable segments	$	3,280,677	$	3,318,752